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ARTICLE · 29 AUGUST 2013

OSC Identifies Major Concerns in Mining Technical Report Disclosure

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On June 27, 2013, the OSC issued Staff Notice 43-705 Report on Staff’s Review of Technical Reports by Ontario Mining Issuers summarizing the results of a review conducted on technical reports prepared by Ontario mining issuers.

CanadaEnergy and Natural Resources
Samir Murji
Samir Murji
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On June 27, 2013, the OSC issued Staff Notice 43-705 Report on Staff's Review of Technical Reports by Ontario Mining Issuers summarizing the results of a review conducted on technical reports prepared by Ontario mining issuers. The purpose of the report was to clarify existing disclosure requirements relating to technical reports and to alert mining issuers and qualified persons by identifying common deficiencies to assist in determining what information in technical reports needs to be disclosed, enhanced or supplemented to comply with Form 43-101F1 Technical Reports. Issuers and qualified persons should carefully consider the OSC's findings when preparing technical reports to avoid re-filings and other delays.

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